You own a stock portfolio worth $$50,000.$ You are worried that stock prices might fall before you're ready to sell the shares, so you are considering purchasing either at the money or out of the money puts. If you decide to purchase the out of the money puts, you maximum loss is $--------$ than if you buy at the money puts and you maximum gain is $------.$

a$)$ greater;lower

b$)$ greater; greater

c$)$ lower; greater

d$)$ lower; lower

e$)$ greater; indetermined